CPI Card Group Reports Record Q3 2026 Revenue and Raises Full-Year Guidance
CPI Card Group (PMTS) reported strong third-quarter results for 2026, highlighted by a 15% year-over-year revenue increase to $158.4 million. Growth was driven by double-digit gains across all business segments, particularly in Integrated Paytech and Secure Card Solutions. The company also achieved record year-to-date free cash flow of $46.1 million due to improved working capital and disciplined capital expenditures. Following these results, management raised its full-year revenue guidance from high-single-digit growth to a low-double-digit range and increased its free cash flow outlook to between $50 million and $55 million. The company's net leverage ratio also improved significantly, dropping to 2.6x from 3.6x in the prior year period.
Tickers: $PMTS
Topics: adjusted EBITDA free cash flow net income revenue growth